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Regulations
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BI dismisses three officials appointed commissioners of state banks
Experts warned appointments could blur the line between BI’s role as a monetary regulator and its involvement in the banking industry, potentially undermining its independence.
5 hours ago
Markets
Auto industry rocked by Trump's 25 percent tariffs on US imports
The new levies, if kept for an extended period, could add thousands of dollars to the cost of an average US vehicle purchase and impede car production across North America.
6 hours ago
Companies
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Govt starts shifting SOE shares to Danantara holding
“PT BKI will become an operational holding company and will review issues related to the company's finances and operations,” Garuda said in a letter to the Indonesia Stock Exchange (IDX) on Wednesday.
7 hours agoThe Latest
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Regulations
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January-February 50% electricity discount costs govt Rp 13.6t: Sri Mulyani
There were 71.1 million and 64.8 million customers who received the discount in January and February, respectively.
9 hours ago
Economy
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Airlangga downplays rupiah's brief plunge to multiyear low
The Coordinating Economic Minister downplayed Tuesday's temporary plunge to a record low in a doorstep interview on Wednesday, saying that currency fluctuation was “normal” and pointing to external factors as the cause, without elaborating.
11 hours ago
Regulations
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Germany, Japan give lifeline to Indonesia’s flailing JETP program
To accelerate implementation of the initiative, Indonesia will also revise the Comprehensive Investment and Policy Plan (CIPP), which is essentially a blueprint to carry out JETP investments to better align with the country’s economic condition, regulations and infrastructure.
16 hours ago
Regulations
Trump presses ahead with auto tariffs, ratcheting up trade war
The announcement drew swift condemnation from the European Union and from Canadian Prime Minister Mark Carney, who called it a "direct attack" on Canadian workers.
17 hours ago
Regulations
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New TNI Law could bring economic consequences
Experts from CELIOS and the EIU have both cautioned of potential economic repercussions from the recently passed TNI Law revision, particularly as regards the investment climate vis-à-vis external perceptions of Indonesia's democracy.
1 day agoPopular
- Why corruption thrives in a religious society
- Budget cuts put Bali’s event industry on brink of collapse, association says
- Indonesia joins BRICS-backed New Development Bank
- Danantara to fund new SOEs holding company Agrinas, senior minister says
- How food influencers shape culinary trends in Indonesia
- Indonesia secures 1-0 victory over Bahrain
- Sports promoter aims to revive Indonesian horse racing
- Rupiah drops to multiyear low ahead of Trump's tariffs, domestic uncertainty
- Govt in hot water over callous public communication
- No tolerance for thuggery
tech
China's Baidu releases new, free AI model to compete with DeepSeek
Chinese internet search giant Baidu released a new artificial intelligence reasoning model Sunday and made its AI chatbot services free as ferocious competition grips the sector.
1 week ago
tech
Indonesia issues permits for five Apple iPhone 16 models
The issuance of the permits follows last month's announcement of more than US$300 million investments by Apple in Indonesia, including in plants making components for its products, and a research and development center.
1 week ago
tech
VinFast plans 100,000 EV charging stations in Indonesia
Indonesia, home to the world's largest nickel reserves, has been seeking to position itself as a regional EV hub and a key player in the global EV supply chain.
2 weeks ago
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economy
Danantara Indonesia names leadership 'dream team'
New sovereign fund Danantara Indonesia on Monday unveiled its "dream team" to chart its strategy, which included ex-presidents and advisory roles for hedge fund manager Ray Dalio, economist Jeffrey Sachs and influential former Thai premier Thaksin Shinawatra.
3 days ago
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companies
GoPay supports government programs awareness through dedicated info page in GoPay app
GoPay has introduced the Government Program page on the GoPay App, which contains key information about various government programs aimed at the general public.
2 days ago
companies
Tesla's EU sales plunge 49% year-on-year in first two months of 2025
As competition grows, and ahead of the launch of its new Model Y mid-size SUV, Elon Musk's battery-electric (BEV) brand has sold 42.6 percent fewer cars in Europe so far this year, data from the European Automobile Manufacturers Association (ACEA) showed.
2 days ago
companies
Trump brand alternately loved, loathed worldwide
No stranger to blending business and politics, the US president got a taste of the hazards recently when the elegant clubhouse of the Trump Turnberry golf resort in Scotland was splashed in blood-red paint, an immaculate green spray-painted with the words: "GAZA IS NOT 4 SALE."
3 days ago
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regulations
Trump presses ahead with auto tariffs, ratcheting up trade war
The announcement drew swift condemnation from the European Union and from Canadian Prime Minister Mark Carney, who called it a "direct attack" on Canadian workers.
17 hours ago
regulations
Airlangga says others won't follow US exit from JETP
JETP, a financing commitment from rich nations and global lenders to help poorer nations adopt cleaner energy, has earmarked $20 billion to help Indonesia cut its emissions.
2 days ago
markets
Auto industry rocked by Trump's 25 percent tariffs on US imports
The new levies, if kept for an extended period, could add thousands of dollars to the cost of an average US vehicle purchase and impede car production across North America.
6 hours ago
markets
Asian stocks rise on easing tariff worries; dollar perks up
Investors have been focused on the impending reciprocal tariffs promised by US President Donald Trump and its impact on the global economy as trade war fears grip markets.
2 days ago
markets
Futures buoyant, dollar drifts as markets sail toward tariff storm
Financial markets made a mixed start on Monday with US stock futures rising but the dollar wavering ahead of a week driven by data, Chinese earnings and the threat of steep US tariff hikes on the horizon.
3 days ago
markets
Indonesian, other Asian stocks slide as growth, tariff worries weigh
Stocks in Jakarta and other Asian markets fell on Friday in a downbeat end to the week as deepening geopolitical worries and fears over US tariffs and their impact on the global economy curbed investors’ appetite for risk, keeping safe-haven gold near record highs.
6 days ago
markets
Slide in Chinese shares hampers Asian markets despite Fed optimism
Asia shares were hobbled by weakness in Chinese markets on Thursday and struggled to build on Wall Street's rally, even as investor sentiment was lifted by the prospect that the Federal Reserve could still deliver two rate cuts this year.
1 week ago
markets
Asian stocks muted, yen calms as BOJ stands pat on rates
Asian stocks were subdued on Wednesday and gold hovered near record highs. Indonesian shares swung between gains and losses in choppy trading a day after the stock market clocked its sharpest fall in nearly three years, with Bank Indonesia set to decide on interest rates later on Wednesday.
1 week agoPopular
- Why corruption thrives in a religious society
- Budget cuts put Bali’s event industry on brink of collapse, association says
- Indonesia joins BRICS-backed New Development Bank
- Danantara to fund new SOEs holding company Agrinas, senior minister says
- How food influencers shape culinary trends in Indonesia
- Indonesia secures 1-0 victory over Bahrain
- Sports promoter aims to revive Indonesian horse racing
- Rupiah drops to multiyear low ahead of Trump's tariffs, domestic uncertainty
- Govt in hot water over callous public communication
- No tolerance for thuggery
